Two bipartisan groups of state attorneys general are launching separate antitrust investigations into Facebook and Google, adding to regulatory scrutiny of two of the world's largest and most ubiquitous tech companies. New York Attorney General Letitia James, a Democrat, confirmed the Facebook investigation in a news release Friday, saying the probe would focus on Facebook's "dominance in the industry and the potential anticompetitive conduct stemming from that dominance." "Even the largest social media platform in the world must follow the law and respect consumers," she said. "I am proud to be leading a bipartisan coalition of attorneys general in investigating whether Facebook has stifled competition and put users at risk." She said the probe would seek to determine if Facebook endangered consumer data, reduced the quality of consumer choices or increased the price of advertising.
Dozens of US states are set to launch antitrust and privacy investigations into Facebook and Google as scrutiny of the big tech firms increases in the US. The investigation into Alphabet's Google unit will examine the search giant's affect on the digital advertising market and its impact on consumers. In a separate but overlapping investigation the states' leading law enforcers will investigate Facebook's privacy record and its advertising model. The news, first reported by the Wall Street Journal, was confirmed on Friday morning by the New York attorney general, Letitia James. "Even the largest social media platform in the world must follow the law and respect consumers," said James in a statement.
Tech giants Facebook and Google are facing more scrutiny into their business practices. A multi-state antitrust investigation, led by New York State Attorney General Letitia James, is focusing on "Facebook's dominance in the industry and the potential anticompetitive conduct stemming from that dominance," she said Friday. Other states involved in the bipartisan initiative, says James, who is a Democrat, include the attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia. Another collective of states, led by Texas Attorney General Ken Paxton, plans to announce the launch of a multi-state investigation "into whether large tech companies have engaged in anticompetitive behavior that stifled competition, restricted access, and harmed consumers," the attorney general's office announced Friday. That probe, which will be announced Monday outside the U.S. Supreme Court, will include an investigation of Google and its sway in the digital advertising market, The Wall Street Journal reported Friday.
Fox News Flash top headlines for Sept. 6 are here. Check out what's clicking on Foxnews.com New York Attorney General Letitia James is leading a bipartisan coalition of attorneys general in an antitrust investigation into Facebook for alleged antitrust activity. "I'm launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers' choices, or increased the price of advertising," James tweeted Friday. James said she is leading a coalition that includes the attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia.
Two groups of U.S. state attorneys general on Friday announced separate antitrust probes of large tech companies such as Google and Facebook. The first probe, led by New York and including seven other states and the District of Columbia, focuses on Facebook. The second, announced by Texas and likely to include up to 40 other states, did not specify the targets among large tech companies but was expected to center on Google. Once lauded as engines of economic growth, the companies in social media, Internet search, e-commerce and other digital technologies have increasingly been on the defensive over lapses such as privacy breaches and their outsized market influence. Politicians including President Donald Trump, consumers, other firms and regulators have criticized that power.